Payroll Special: The cost of not being ready

There are warnings of a cocktail of cost increases set to hit staffing companies next April with devastating consequences

In addition to the abolition of the Swedish Derogation rules, which one recruitment firm has estimated could mean a £5k wage rise per worker per annum, further upward pressure on wage bills is set to come from further increases in the National Minimum Wage (NMW) and the National Living Wage (NLW). This is on top of recent increase in employers’ pension contribution rates...

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